Privacy-oriented Namada, a Layer 1 blockchain, is going to provide an incentivized testnet whereby participants will get a payout of 3% of the entire supply. This testnet campaign, called “Namada Shielded Expedition,” is a multiplayer role-playing game that is beginning in advance of the privacy protocol’s mainnet release in early
Jae Kwon, the founder of Cosmos, publicly opposed a motion passed by the Cosmos hub governing council. In retaliation, Kwon has declared his intent to fork a new network called AtomOne from the existing Cosmoshub4. The forthcoming network will function independently, complete with its own governance plan and development staff,
Cosmos (ATOM) is managing to escape the prolonged sell-offs it has experienced over the past week due to a 5% boost in its price in the last 24 hours to $11.10. According to CoinMarketCap data, ATOM rose about 7% from $10.30 to $11.10 just after the update. The news that
Atom, the native token of the Cosmos ecosystem, continues to outperform most of the coins in the crypto market. The coin’s price has traded inside a symmetrical triangle since June 2022. Suddenly, the coin climbed to the 21st rank on CoinMarketCap. The Cosmos community launched its most awaited v9-Lambda upgrade
Vortex Protocol was acquired by the widely used Ethereum-based decentralized exchange (DEX), SushiSwap today for an undisclosed sum. The on-chain trading platform, which will be rebranded as part of SushiSwap. Moreover, it will be built on Sei Network, a blockchain that employs Cosmos’s technology. In the future, users of the
A new DeFi (Decentralized Finance) solution for the Cosmos ecosystem: DFract $DFR, is being introduced by Lum Network, an innovative initiative looking to gain widespread acceptance in web3 and the Cosmos ecosystem. DFract is a novel kind of crypto index created for multichain ecosystems. It gives users access to a collection
Developers have shut down the Osmosis blockchain to avoid additional harm. This flaw was regularly exploited, as shown by on-chain transactions. Decentralized trading platform Osmosis, created on CosmosSDK, was hacked, emptying its liquidity pools of $5 million. Developers have shut down the Osmosis blockchain to avoid additional harm. According to
Both the Evmos and broader Cosmos ecosystems applauded the action. Some have already set their sights on the $35.00 mark. Currently, Cosmos (ATOM) is up over 13% in today’s session, making it the most significant gain since February 17. On Saturday, the price of ATOM/USD momentarily broke over the $29.10
Over $940,195,447 million worth of volume has been generated. Ethereum-based projects may interface with the Cosmos ecosystem. In 2022, Cosmos (ATOM) is one of the projects making a strong impression because of its emphasis on easing communication across different networks. This project claims to be the “internet of blockchains” and
The Cosmos Hub’s Vega update is designed to make it run faster and smoother. Cosmos is down 4.51% in the last 24 hours. Following the apex of $44.45 on January 17, the price of Cosmos has continued to fall in a negative trend. The ATOM price has been quite erratic
